Equipment Breakdown

Equipment used as part of today’s business operations often relies on delicate electronic components that can break down easily and be costly to repair or replace. While property insurance covers damages to equipment resulting from external causes, like fires and earthquakes, a different type of insurance is needed to cover expensive equipment breakdowns as a result of internal causes such as mechanical failure, electrical short circuiting, or motor burnout. Having an insurance policy that covers against these types of damages helps protect a business’ finances and allows them to continue to serve their clients.

Coverage Details and Features

Mechanical breakdown

Electrical arcing

Boiler explosions, piping, engines, and turbines

Loss or damage to hot water boilers

Loss or damage to steam equipment

Spoilage – unlimited

Service interruption – unlimited

Hazardous substances – $100,000

Error & Omissions – $100,000

Data restoration – $25,000

Anchor Location – unlimited

Green Coverage – $25,000

Data compromise and identity theft coverage available

At Burns & Wilcox our expertise becomes your expertise. Our marketing materials are designed to help you give your clients what they want to hear – yes to almost any hard-to-place-risk.